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Snap Sold Fewer Than 42K Spectacles, Down 35% In Q2 (androidheadlines.com)
The hype surrounding Snap's Spectacles appears to be dwindling. Their sales have decreased by 35 percent in the second quarter of the year, with the company's latest consolidated financial report revealing that its "Other" revenue amounted to $5.4 million over the three-month period ending June 30. Android Headlines reports: With Spectacles being the company's only miscellaneous endeavor at this point in time and sporting a $130 price tag that has yet to see any discounts, it seems that the Venice, Los Angeles-based social media giant managed to only sell approximately 41,500 units of its first wearable in Q2 2017. During the first quarter of the year that also disappointed investors, Snap's "Other" business category recorded a revenue of $8.3 million, suggesting that the firm managed to sell around 64,000 units. The overall commercial performance of Spectacles may still improve during the current quarter as Snap just recently made the smart sunglasses available on Amazon, in addition to partnering with a number of physical retailers. Likewise, the Snapbot vending machines selling Spectacles only started appearing in Europe in June and are still popping up in a number of major cities on the Old Continent, which is another factor that could help improve the sales figures of Snap's camera-equipped pair of sunglasses. Regardless, the current state of affairs is unlikely to please investors, especially in light of the fact that Snap recently proclaimed itself to be "a camera company," noting how Snapchat is just one aspect of its product vision that's meant to incorporate a wide variety of photography-oriented hardware.
SNAP
It never was a smart long-term investment. Even their stock symbol was an indication.
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I bought a pair and they Snapped.
A big flaw in their distribution plan for these glasses is that those vending machines are intended for people to purchase them on impulse. At a $130 price point it's hard to get people to make a snap decision to purchase one.
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
I didn't even know this product existed. Not that I'd have made a purchase, but still... shows how their marketing was horrid. I have a snapchat acct, but haven't used it in ages (they disabled use on rooted devices).
I'm surprised they sold any at all.
The problem with Google Glass, Snap Spectacles, iWatch... Is the fact that we are carrying around a computer that 20 years ago would be the size of 2 refrigerators (One for the computer, one for storage) With a full desk worth sensors and cameras. All this in a pocket sized computer that we call a telephone. For the most part it is convenient enough for most tasks, and these extra devices only add a marginal improvement factor, with a tradeoffs, that make them not so effective.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
Have you seen those Snap glasses? They're fugly as hell. And they cost $130 a pair. And the camera on them isn't even all that good, and the battery life is mediocre. It's just a bad product all around that sold poorly. This really shouldn't be a shock.
I read the internet for the articles.
I ordered a pair of Snaptacles online when they became available. I figured Snap wouldn't be around for long and thought it would be a neat toy to add to my collection of failed/obsolete tech.
The problem is they just don't work. I carried mine for a day and took videos until I ran out of space. When I got home and tried to retrieve the videos through the Snap app it just says "Failed". There's no way to get the videos off the Spectacles! I did find a workaround by marking videos as favorites and then saving to my camera roll, but then I can't view the video in the Snap app.
Pairing was a nightmare. Why do I have to look at an image instead of doing the normal Bluetooth pairing procedure? The Spectacles refuse to pair with my Moto X Pure!
The Snap stories don't work properly. You can only create a single story from all of your recorded videos and anything you don't want to include gets deleted. Did none of the developers actually use the Spectacles?
Then you have the bare-bones functionality. There's no way to record continuous video. There's no way to take a picture instead of a video. There's no way to automatically take a Snap every X number of minutes. There's no way to trigger the Snaptacles from the app itself.